I am planning on purchasing a pegboard to reorganize my tool bench. However, the number of hooks that I'll need is kind of unsettling. Has anyone made their own?

I am most of the way through my first experience of putting up frame and drywall. I've been finishing up my basement so it doesn't have that 1800's city dungeon look to it anymore. The last part is the wall behind where my work benches will be and i planned to do the top of that wall in...